Article DetailsUk Pubs are the New Target for Property Developers |
| Date Added: April 22, 2009 08:26:24 AM |
| Author: Ian Brown |
| Category: Real Estate Press Releases |
| 6 pubs a week are calling last orders for the last time,as reported by the campaign for real ale CAMERA. With cinemas beingconverted into trendy bars the old Victorian pub is struggling. Many arebeing sold on to developers for conversion into family homes or apartments.Pubs have features which make them ideal for conversion; they already havemultiple separate entrances; they have large cellars with high ceilings;multiple floors, all with large airy rooms. Furthermore, if yours has notundergone a ghastly refurbishment in the past 30 years you may have all theperiod features of the century it was built, which could be anything from14th century beams up to Victorian cast iron fire places. Permission toconvert to a residential dwelling is not always guaranteed with the only pubin the village unlikely to be given the go ahead conversion to apartmentsand three executive houses on the car park. You would be more likely to getpermission on a city centre pub, and many are advertised with full change ofuse/planning. Paramount Investments are specialists in sourcing freehold and leasehold pubs for sale and other pub company or brewery investment opportunities in England, Scotland and Wales for potential property investors.
Paramount Investments 150 West End Lane Web: http://www.paramount-investments.co.uk |
